{"id":173714,"date":"2021-02-09T04:27:59","date_gmt":"2021-02-09T01:27:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/g7-to-discuss-cbdc-and-digital-taxation-this-week\/"},"modified":"2021-02-09T04:27:59","modified_gmt":"2021-02-09T01:27:59","slug":"g7-to-discuss-cbdc-and-digital-taxation-this-week","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/g7-to-discuss-cbdc-and-digital-taxation-this-week\/","title":{"rendered":"# G7 to discuss CBDC and digital taxation this week"},"content":{"rendered":"<p>&#8220;<strong># G7 to discuss CBDC and digital taxation this week <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvNzcxZDE1MWMtZGU5Mi00YmRiLWFiZDMtOTM3ZDZkY2Y4OGUxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Japanese Finance Minister Taro Aso has revealed the G7\u2019s financial leaders will discuss central bank digital currencies during a meeting on Feb. 12.<\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/us-g7-japan-aso\/japan-finance-minister-g7-focus-on-emerging-market-debt-digital-taxation-and-digital-currency-idUSKBN2A900Z\">meeting<\/a> will be chaired by Britain, with representatives from the world\u2019s largest economies set to discuss strategies for navigating their way out of the global economic crisis caused by the coronavirus pandemic.<\/p>\n<p>Friday\u2019s meeting will commence on the topic of CBDCs, but the minister noted the G7 will also discuss the implementation of digital taxation and emerging debt problems.<\/p>\n<p>The G7, or Group of Seven, is an intergovernmental organization consisting of the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom.<\/p>\n<p>The G7 has recently pushed to prioritize the regulation of digital currencies, with the organization reiterating its October <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/us-g7-japan-aso\/japan-finance-minister-g7-focus-on-emerging-market-debt-digital-taxation-and-digital-currency-idUSKBN2A900Z\">statement<\/a> calling for robust legislation to govern the digital payments sector during a meeting last month.<\/p>\n<p>The October statement also noted CBDC\u2019s could realize significant efficiency savings and reduce friction in the payments sectors of G7 member states. <\/p>\n<p>The G7\u2019s meeting comes as China makes major progress in rolling out its Blockchain Service Network, or BSN, with \u201cbig four\u201d consulting firm Ernst &amp; Young announcing it will deploy two blockchain-powered products on the BSN last week. The BSN is the first blockchain network to be developed and maintained by China\u2019s central government.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/g7-to-discuss-cbdc-and-digital-taxation-this-week\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# G7 to discuss CBDC and digital taxation this week &#8221; Japanese Finance Minister Taro Aso has revealed the G7\u2019s financial leaders will discuss central bank digital currencies during a meeting on Feb. 12. The meeting will be chaired by Britain, with representatives from the world\u2019s largest economies set to discuss strategies for navigating their&#8230;<\/p>\n","protected":false},"author":1,"featured_media":173715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvNzcxZDE1MWMtZGU5Mi00YmRiLWFiZDMtOTM3ZDZkY2Y4OGUxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75046,70934],"class_list":["post-173714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cbdc","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/173714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=173714"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/173714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/173715"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=173714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=173714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=173714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}